Citi Product Control Senior Management in Costa Rica
Primary Location: Costa Rica
Education: Master's Degree
Job Function: Finance
Shift: Day Job
Employee Status: Regular
Travel Time: No
Job ID: 17035354
The Finance Division acts as a strategic partner across business lines. Professionals work closely with the management teams of Citi's many businesses, adding value to the firm's operations through strategic analysis of the financials, implementing and maintaining key controls, and developing process redesign.
Product Control is responsible for calculating and explaining the financial performance of each trading desk in Citi. This position understands the trading strategies including the products, hedging, pricing, funding, risk management, and regulatory implications.
The role leads a team of Product Controllers in the Costa Rica who either provide end to end Product Control support to Latam countries, complementary support in-country Product Controllers and the Houston Commodities business, or regional support to the entire region (i.e. RACE reporting). These activities include: overseeing front to back office system reconciliations; daily profit and loss reporting and understanding the profit and loss attributions of the portfolios; reconciliations of the monthly trading profit and loss to the general ledger and management systems; month-end price verification for products traded, recorded, and controlled; balance sheet reporting; intercompany reconciliations; quarterly regulatory reporting; emphasis on redesigning and streamlining daily and monthly processes, and moving to common delivery platforms. To this end, the role requires strong attention to the design of control, communication skills, training and coaching, teamwork, partnership skills, negotiation and diplomacy skills to guide and partner across multiple locations and departments, and acting as a business partner to the ICG Business, Risk, Compliance and Finance.
The role is critical to perform Product Control activities in Costa Rica. In this role, the candidate will report to the Regional Head of Latam Product Control and be responsible for developing and maintaining a regionally robust, consistent and efficient controls framework. The candidate will be focusing on Supervising of MCA, PAA and Valuations key performance indicators.The candidate will be also involved in co-ordination of all areas of Policy, Controls and Governance, driving change and improvement within a key area for Citi.